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UPDATE

Jan 31, 2023, 12.45 PM

Zensar reports 3.6% quarterly YoY constant currency growth in Q3FY23

In Q3FY23, the EBITDA was at 11.3% of revenues and the PAT stood at 6.4% of revenues.

In Q3FY23, the company reported revenue of $145.9M, quarterly YoY growth of 3.6% in constant currency and sequential QoQ decline of 5.3%.

Zensar Technologies, a leading experience engineering and technology solutions company, announced its consolidated financial results for the third quarter, ending December 31, 2022, of the fiscal year 2022-2023.

In Q3FY23, the company reported revenue of $145.9M, quarterly YoY growth of 3.6% in constant currency and sequential QoQ decline of 5.3%.

In Q3FY23, the EBITDA was at 11.3% of revenues and the PAT stood at 6.4% of revenues.

Manish Tandon, CEO and Managing Director, Zensar Technologies, said, “In Q3FY23, we reported a marked improvement in profitability, with the EBITDA increasing by 270 basis points. Our quarterly revenues are at $145.9M, with a YoY growth of 3.6% in constant currency. In the one month since joining Zensar, I have spent time understanding our fundamentals. With our strong investments in our service lines, our vertical capabilities, and our strong leadership, we are positioned well to drive sustainable and profitable growth."
 

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